mobile payment app Archives

Venmo payment app diversifies with credit card QR code launch

10/08/202010/07/2020 Stephanie Beck

The mobile payments company has taken its first steps into the plastic card business with mobile features. Payment app Venmo, owned by PayPal Holdings Inc., has launched its first physical payment option with a credit card QR code prominently displayed on the front. The option to apply for this payment method is being rolled out in a gradual way. The cards themselves, featuring the credit card QR code, are issued by Synchrony Financial. The first wave of availability is to US consumers, according to the company. Cardholders can opt for…

HSBC mobile payment app launches through VocaLink partnership

04/03/201703/30/2017 Sam Lambert

Millions of the bank’s customers can soon use the Pay by Bank application to complete transactions. A new HSBC mobile payment services app will give access to first direct customers who want to use their smartphones to complete shopping transactions. It lets them use the banking app as a direct payment method for purchasing certain products and services in an online store. The HSBC payment app is the result of the financial institution’s partnership with VocaLink. VocaLink is a global company with partnerships including banks, governments and corporations. It launched…

Mobile payments trends are seeing growth held back by biometrics

06/14/201606/11/2016 Jennifer Goula

The technology to scan various body parts such as eyes and fingerprints may be too challenging to keep up. While it had looked as though mobile payments trends might have the potential to take off with rapid growth as more consumers look to their smartphones to replace their use of credit and debit cards, adoption has essentially flat-lined. This, despite the fact that industry giants such as Samsung and Apple have leapt into the market. Even with the best efforts of some of the largest tech giants in the world,…

PayPal mobile payments roll out at Shell UK gas stations

07/29/201507/28/2015 Julie Campbell

Drivers will now be able to use their smartphones to pay when they fuel up at the pump. Drivers stopping at Shell UK service stations to fuel up will now be able to use mobile payments at the pump using their PayPal account in combination with the Shell Motorist app. Earlier this year, Shell said it would implement the service at the “vast majority” of its locations. In that statement, it said that the mobile payments service would roll out across most of its 1,000 stations throughout the United Kingdom.…

QR codes based mobile payments app sends South African users above 2 million

05/13/201505/11/2015 John Montgallo

A range of applications based on quick response codes have made this tech very popular in that country. South Africa has experienced the introduction of a large and growing number of mobile payments apps that use QR codes in order to be able to help to complete transactions at retail stores by way of smartphones, and this has caused the barcodes, themselves, to experience a tremendous growth in that country. By the end of 2014, it is now believed that there were 2.1 million people using quick response codes in…